Cantor Equity Partners III, Inc. $CAEP Shares Sold by Jain Global LLC

Jain Global LLC trimmed its position in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP) by 25.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 597,918 shares of the company’s stock after selling 202,082 shares during the period. Jain Global LLC’s holdings in Cantor Equity Partners III were worth $6,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Citadel Advisors LLC boosted its holdings in Cantor Equity Partners III by 25.6% during the third quarter. Citadel Advisors LLC now owns 692,080 shares of the company’s stock worth $7,142,000 after buying an additional 140,966 shares in the last quarter. Clear Street Group Inc. purchased a new position in Cantor Equity Partners III in the third quarter valued at $363,000. Boothbay Fund Management LLC raised its position in shares of Cantor Equity Partners III by 333.3% in the third quarter. Boothbay Fund Management LLC now owns 216,667 shares of the company’s stock worth $2,236,000 after acquiring an additional 166,667 shares during the period. Anson Funds Management LP raised its position in shares of Cantor Equity Partners III by 2.8% in the third quarter. Anson Funds Management LP now owns 1,130,702 shares of the company’s stock worth $11,669,000 after acquiring an additional 30,702 shares during the period. Finally, Shaolin Capital Management LLC purchased a new stake in shares of Cantor Equity Partners III during the 3rd quarter worth about $529,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Cantor Equity Partners III in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Cantor Equity Partners III Price Performance

Shares of NASDAQ:CAEP opened at $10.25 on Tuesday. Cantor Equity Partners III, Inc. has a 1 year low of $10.17 and a 1 year high of $11.09. The business’s 50 day moving average price is $10.24 and its 200-day moving average price is $10.31.

Cantor Equity Partners III (NASDAQ:CAEP) last posted its quarterly earnings data on Monday, March 16th. The company reported $0.01 EPS for the quarter.

Cantor Equity Partners III Profile

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.